Sequoia BCI Managed Growth Fund of Funds
Who should invest
The portfolio is suited for investors:
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With a time horizon of five (5) years to invest;
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Seeking moderate to high long-term capital growth;
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With a medium to high risk profile.
ASISA Category
South Africa Multi Asset High Equity
Benchmark
ASISA SA Multi Asset High Equity Category Average
Platform Availability
Allan Gray, Glacier, Momentum Wealth, Stanlib
Structure
Unit Trust
Why the Sequoia BCI Managed Growth Fund of Funds
A fund of funds is a collective investment portfolio fund that invests in a range of other collective investment portfolios. These could be funds within a collective investment portfolio management company's own range (internal fund of fund) or a selection of funds managed by various collective investment portfolio management companies (external fund of fund). A fund of funds may not invest in less than two underlying collective investment portfolios. Fund of funds are regulated by the Collective Investment Schemes Control Act and have a separate legal status. They are regulated by the same legislation that applies to Linked Investment Services Providers (LISPs), namely the Stock Exchanges Control Act and the Financial Markets Control Act.